After graduating from Yale, Bessent held positions at Brown Brothers Harriman, Olayan Group and Kynikos Associates. 1991-2000 ...

Fannie Mae (FNMA) presents a significant opportunity, especially if privatized, with potential stock value reaching $31-$34 ...

Note the word independent. That is where things get problematic. Because the CFPB is independent, it doesn’t rely on Congress for funding. That comes directly from the Fed, and within some very ...

The attorneys for Brandon Durham's family met with District Attorney Steven Wolfson on Wednesday morning regarding charges against the officer who fatally shot Durham.

The IRS has faced intense blowback to Direct File from private tax preparation companies that have made billions from ...

Democrats pushed back against Elon Musk’s Department of Government Efficiency as it turns its attention to the Education ...

Scott Bessent, who was confirmed as Treasury secretary last week, has been named acting director of the Consumer Financial Protection Bureau. Bessent replaces Rohit Chopra, who was fired on Saturday.

Treasury Secretary Scott Bessent will serve as the acting director of the Consumer Financial Protection Bureau (CFPB), the agency announced on Monday. "I look forward to working with the CFPB to ...

By Madeleine Ngo President Trump has put Treasury Secretary Scott Bessent in charge of the Consumer Financial Protection Bureau on an acting basis. Two days after firing Rohit Chopra, who was ...

Scott Bessent will lead President Donald Trump's financial agenda as treasury secretary. Bessent, a billionaire hedge fund manager, was confirmed in a 68 to 29 U.S. Senate vote on Monday and sworn ...

Scott Bessent ’84, President Donald Trump’s nominee for Treasury secretary, was confirmed by the Senate on Monday in a 68-29 vote. A billionaire investor and former adjunct professor at Yale, Bessent ...